Role of personality traits in shaping entrepreneurial intention: Comparative study of South Korea and Vietnam

Phuong Mai Nguyen (), Thi-Minh-Ngoc Luu (), Nam D. Vo () and Phuc Nguyen Nguyen ()
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Phuong Mai Nguyen: International School, Vietnam National University Hanoi, Hanoi, Vietnam
Thi-Minh-Ngoc Luu: International School, Vietnam National University Hanoi, Hanoi, Vietnam
Nam D. Vo: FPT University, Da Nang City,Vietnam
Phuc Nguyen Nguyen: University of Economics, The University of Da Nang, Vietnam

Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, 2022, vol. 40, issue 2, 395-420

Abstract: This paper investigates the role of personality traits in nurturing entrepreneurial intention in South Korea and Vietnam. We developed a research model to examine the integrated influence of both positive entrepreneurial characteristics and dark triad on entrepreneurial intention in South Korea and Vietnam. Primary data was collected from 550 students in South Korea and 700 students in Vietnam using the convenient sampling method in a self-administered questionnaire survey. We used structural equation modelling (SEM) to analyse structural relationships between positive entrepreneurial attributes, dark triads, and entrepreneurial intention in two samples. T-tests were also performed to explore any differences in students’ entrepreneurial intention in South Korea and Vietnam regarding their family background and gender. Findings showed that positive entrepreneurial attributes and dark triads influence entrepreneurial intention differently in the two countries. While the dark triad mainly influenced Vietnamese tudents’ intention to startup, Korean students received more impact from the positive entrepreneurial characteristics such as risk tolerance, locus of control, and entrepreneurial alertness. Surprisingly, both gender and family tradition do not affect students’ entrepreneurial intention. Based on our findings, we suggested that policymakers and higher education institutions in both South Korea and Vietnam promote students’ entrepreneurial intentions in the future.

Keywords: entrepreneurial intention; personality traits; dark triad; South Korea; Vietnam (search for similar items in EconPapers)
JEL-codes: L26 M13 O57 (search for similar items in EconPapers)
Date: 2022
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